£8m redevelopment of 2 Newbridge Square, Swindon announced

The plan for 2 Newbridge Square was reported by Swindon24 on Wednesday 15 July 2026. Developer FI Property Group said it was bringing the £8 million scheme forward because of demand for offices at the building next door.

What prompted it?

At 1 Newbridge Square, more than 75,000 sq ft of office space was let in 12 months. The building reached about 80% occupancy within a year of the refurbishment being completed. Tenants include Cotswold Outdoor, Thames Water, Stagecoach and AtkinsRéalis.

FI's combined spending on refurbishing 1 and 3 Newbridge Square comes to £11.5 million.

Daniel Smethurst, founder of Smethurst Property Consultants, said: "One Newbridge Square has undoubtedly set a new benchmark for office accommodation in Swindon."

Tim Knowles, founder and managing director of FI Property Group, said: "Our ambition goes beyond delivering 'London quality' office space."

When does work start?

Construction at 2 Newbridge Square was expected to begin in early 2027. The report described it as the next phase of FI's investment alongside Kimmerfields, as part of Swindon Borough Council's wider regeneration programme.

Councillor Matthew Vallender, the council's cabinet member for culture, planning and regeneration, and Bradley Forbes of Loveday Chartered Surveyors were also quoted in the report.

Source: Swindon24.